Indianapolis Times, Volume 35, Number 210, Indianapolis, Marion County, 15 January 1924 — Page 11

TUESDAY, JAN. 15,1924

CAN STOCKS LEAD OTHERS IN QUIET * MARKET RECOVERY ay Oils Continue Rise Under Leadership of Maracaibo at New High, BUYING IS IMPRESSIVE Initial Selling Is Rapidly Absorbed, Leaving Whole List Free, The WALL STREET JOURNAL NEW YORK. Jan. 15. —French francs rallied In the early market dealings today but further unsettlement took place In stocks, owing to the successful effort made by the house Democrats and radicals to force the repeal of the Underwrxxi rule limiting debates and amendments trlilch action the Republicans fear may cause a filibuster on the tax bill. Most of the industrial leaders were active around the low levels of the movement but the list, after the Ktirial selling had been absorbed, reeding important buying. First Hour Stocks experienced further recovery in the first hour under the stimulus of support buying of Can stocks, reflecting the belief that earnings this year will maintain the highly favorable rate of 1923. Continental Can rebounded to practically the best level of the current rise while American Can rallied over a point from the lrw of the previous session. Maracaibo Oil continued its rapid rise, reaching a further new high at 33%, against Monday's lew of 28% on the prospect i of important developments in the Venezulan fields. Second Hour Although francs lost all their early recovery, stocks rallied sharply threughout the list in the late morning, demonstrating how little the disturbances In foreign exchanges had to do with Monday's reaction in th. 6 stock exchange. Recoveries of 1 to 2 points In Baldwin, American Can, 4ieel and other Industrial leaders was followed by a sharp rebound in various specialties Ccmputlng-tabulatlng-Recordlng was especially prominent because of revival of rumors that National Cash Register sought to acquire the company. Noon Hour A slight Improvement in stocks was noted in the noon dealings, though the volume of transactions was insufficient to cause any sensational turn in the krice trend. Most of the morning's Plctive leaders forged slowly forward, though no great show of aggressiveness was given. Selling pressure, however, was notably absent and the recent group of profit-takers seemed to have suspended operations temporarily, most of the members having taken their profits in the previous session. Twenty active Industrial stocks on Monday averaged 95.68. off 1 57 per cent. Twenty active rails averaged 81.75, off .88 per cent. Local Bank Clearings Indian spoils bank eleariafs Tuewiay were iH.012.000. Bank debits were 57,037,000. Foreign Exchange By United Financial NEW YORK. Jan. 15.—Foreign exchange opened: Sterling, demand. $4.24%: cable, $4 24%. French, demand. 4.45 c; cab'e. 445%<x Lire, demand. 4.40%c; cable. 4 41c. Belgian, demand. 4.06 Me: cable 4.06 c. Marks. 4.500,000.000,000 to the dollar. Czscho, demand, 2 90%e; cable. 2.90 %c. Swiss, demand. 17.29 c; cable, 17 31c Guilder®, demand, 37.04 c: cable 37.07 c Pesetas, demand. 12 78c: cable. 12.80 c. Swede, demand. 26.14 c. cable. 26.18 c. Norway, demand 14 16c: cab e. 14 20c. Denmark, demand. 17.34 c; cable 17.38 c.

Produce Markets

INDIANAPOLIS Jan 15.—Fresh eggs, loss oft. 36c, packing stock butter. -7c; springs, over 2 .'os.. 19o; fowls. 4% c lbs. up, 21c: fowls, under 4% lbs.. 17c; Leghorn poultry. 25 per cent discount; cocks. 11c; stags, lc; capons 7 lbs. up. 26c: young tom turkeys, 12 lbs. up., 27c: young hen turkeys 8 lbs up. 27c: old tom turkeys. a2oc: ducks. 4 'be. 20c: geese. 10 lbs. up. S.4c: squabs 11 lt. to the doz.. $5; old doz $5 Indianapolis creameries are paying 50c per lb. lor butterfat. CHICAGO, Jan. 15.—Butter —Receipts. 15.. >3B: creamery extra 53c; standards. 51 He: firsts 47 'a 4Po seconds 440 45c. £gg—Receipts. 6 060 ordinary firsts 32 @ 33c: firsts. 35Hc. Chees —Twins. 21 He: youn Americas. 23He. Poultry—Receipts, 2 cars: fowls. 16 ft3'V: ducks. 20c: geese, 13c: turkeys, 20c: springs. 20c roosters. 20c: broth rs 14c. Potatoes—Receipts. 592 cars: Wisconsin round whites 51.20411.50: Michigan round whites 51.50: Minnesota U. 3. No. 1. $1.1501.30; Sandland Ghlos si.ioei.is. CLEVELAND. Jan. 15.—Butter—Extra, in tub*. 57%@59%e: extra firsts. 56V4 0 58He: firsts. 55H@56Hc: packing stock, 27@31c: standard. 55% @ 56c: prints lc extra. Eggs—Fresh gathered northern. 42c: ottra firsts. 40c: Ohio firsts, 35c: western firsts. 38c: extra. 29c: refrigerated eggs, firsts. 27c. Pou'try—Live fat fowls. 21® 22c: springers. 21<g23e: Leghorns, 15c: old roosters. 14@15c: geese, 17018 c: heavy white ducks. 25®26c: light oo’ored ducks. 194821 c uodium fow’s 19@21c: turkeys, 98c. Pota'oes—Michigan round whites, $2.260 2 3": Ohio, $2.5002.65; Minnesota whites, branded. $1.3501.50: New York, $2 0 2.25; aii in 150 pound bags. NFW YORK Jan 15—Flour—Quiet and firm. Pork—Quiet. Moss—s 24.7-5. Lard —Easier: mid-west spot, sl2 95 013 05 Sugar—Raw. firmer 6 40c: refined steady; granulated. 8.25® 8.60 c Coffee —Rio spot, lot. ®inn c Santos No. 4 18®10Hc. Tallow —Firm: special to extra. 8 !l '. s Hay—Firm: No 1 sl-5015.50: No 3. sl3 @13.50- clover sl2 ** 12.50. Dressed poultry—Firm: turkeys 24040 c: chickens 18 @4oc: capon* 25045 c: fowls 14092 c: ducks. Long Island. 200 30c. Live poultry —Quiet geese 21@24c: ducks. 14030 c: fowls 23029 c; turkevs 20 0 23c chickens 23® 30c: broilers. 32 ft 35c: capons 30 0 36c. all via express Cheese—State whole milk, common to special. 16027 c: state skims choice to specia’s 15019 c: lower grades. 5014 c Butter —Firm; receipts. 9.283; creamery extra 54c: special market 54H 0 55c state dairv t- bs 400.54 c Egg —Steady receipts 20 278: ncarbv whites L fancy. 48® 49c: nearby state white 400 k9c: fresh firsts to extras. 38’i046e: Paecifla coast 330 50 tic: western white 40<-: 49c: nearby browns. 47049 c. Butter— Danish. 52 0 53c: Argentine. 41 @4BHe; Canadian, 48 @ 52c. Tank Wagon Prices i Gasoline prices quoted do not include State tax of 2e a gallon.) GASOLINE—Energee. 20c a gallon; l*urol. 16.2 c; Red Crown, 16.2 c; Target, 16.2 c; Silver Flash. 20c; Standolind aviation. 19.08 c. a KEROSENE —Crystaline, 11.7a More Might. 14 05c: Perfection. 10.7 c. — Lion Power cleaners, 25 01c; M. A P„ 20.01 c; standolind cleaners, 20.01a

New York Stocks <By Thorny irKmnon) —Jar. 15—

Railroads— 12:45 Prer. High. Low. p. m. close. Atchison 97 Is ... 97 94 98 B & 0 68% 57% 58% 67% C & 0 73 72% 72% 72% C. R 4 P... 24% 23% 24% 24% 3rie Ist pfd. 32% 32% 32% 32% Gt North pfd 57 56% 57 56% Lehigh Valley 63% 02% 63% 63% N Y Central. 102% 101% 102% 102 NY, NH&H 18 % 17% 18 17% Nor Pacific... 53 % 53 % 63 % 63 % Pennsylvania. 43% ... 43 43% •Reading ... 58% 57 67 57 Sou Railway. 41% 40% 41% 41% Sou Pacific.. 87% 87% 87% 87% St. Paul pfd. 27 25 26% 25 St. L * S W 35 34% 35 34% U Pacific 130 129 130 128% Wabash pfd.. 37% 36% 37 36% Rubbers— Kelly-Spr. ... 32% 31% 32% 32% U S Rubber. 40% 4040% 40 Equipments— Am Locomo.. 73% 73% 73% 73 Baldwin L0c.123% 122% 123 123% Gen Electric .197% 196% 197 198 Lima Locomo 60% 06 66 68 Pullman ....122 ... 122 121% Westingh El. 60% ... 60% 60% Steels— Bethlehem... 54% 53% 54% 53% •Ex riles. Crudble ... 66% 66 66% 66% Gulf States.. 82% 83 83% 81% Rep 1 and S. 52 % 61 52 % 61 % U S Steel... 99% 98% 99% 98% Vanadium -.30% 29% 30% 29% Minings— Gt North Ore 28% 28% 28% 28% Tex G and S. 63% 63 63 % 63 Coppers— Am Smell... 67 % ... 57 % 67 % Anaconda ... 37 36 % 37 36 % Kenn"Cott .. 34 % 34 % 34 % 34 % Motors— Chand Mot.. 62% 61 62% 61% Gen Motors.. 14% 14% 14% 14% !

CHICAGO GRAINS OPENIRREGULAR May Wheat Scores Advance; Other Deliveries Unchanged, By United Financial CHICAGO, Jan. 15. —Grains started ii regular on the Board of Trade today. Little change was shown in wheel at the outset. May scored slightly while distant months opened on an unchanged basis. The .undertone wa, weak, influenced by weakness In foreign exchange and lower foreign markets. Activity of domestic millers in the cash market was responsible for the small upturn in May delivery. September com opened a quarter ligher, other deliveries unchanged. Good local buying developed later in duced by light receipts, strong cables and a decrease In stocks at country elevators. Liverpool’s strength ao due to light supplies and only shipments en route C'ats opened unchanged, although the undertone was strong. Kasier cables, lower hogs and diminished foreign demand caused provisions to sell at inside figures. Chicago Grain Table At 11:45—Jxn. 16 WHEAT— Prev. Open. Hlsrh. Low. Close. cly e. May-.. 1.08% 1,09 1.08% 1.09 1 08% 1.08% 108% July.. 1.08% 107% 1.06% 107% l.uo , Sept 1.06 1.06% 1.06 • 1.06% 1.06% CORN— May.. .77% .78% .77% .78% .77% 77 5 77^ July.. '.78% .79% .78% .79% I?* .78% .78% Sept.. .79% 80% .79% .80% .79% .79% OAT 3 May.. .46% 47% .46% .47% .46% .46% July. .44% .45% -44% .45% .44% % .44% .. .43 % 43% .43 % .43 % .43 % CHICAGO. Jan. 15.—Car lot receipt*:, Wbeut, 32; corn. 212: oate. 93: rye. 8.

Grain Briefs

CHICAGO. Jan. 15.—Flour milled in the United States in November as reported by the Department of Commerce required 278.2 i-junda of flour per barrel. Corn is expected to continue the market leader. It Is a domestic proposition ind not so susceptible as wheat to the tn-fluen-e of foreign political and financial con.litions. tVith Kansas City cash wheat premiums the highest in the country Eastern mills *re underselling us from 50c to $1 a barrel, which is possible through the use of a large percentage of cheaper Canadian grain than is being ground at these centers. Southwestern millers declared Wheat traders see indications of leading ’ongs having so and 'v>nsiderab: wheat of late and say that should corn break, wheat will follow. Os the 560,000 bushels of Manitotjp wheat sold for export Monday, about half was sold n direct cables. Contract wheat stocks in public elevators in Chicago decreased 346,000 bushels last week: corn. 286.000 bushels, and oat*. 130.00 bushels. Local Wagon Wheat Local mills and elevators are paying $1 for No. 2 red wheat. CURB INFLUENCED BY HEAVINESS ELSEWHERE Oils Generally Sluggish, Despite Fresh Price Increases. By United Financial NEW YORK, Jan. 15.—The curb market continued under influence of heaviness noted elsewhere in the early deallgs today. An early feature was a 24-point jump in Maracaibo Oil 7 per cent bonds to anew high of 325. Other oils were sluggish, despite the additional crude oil and gasojine prices. Vacuum at 57% was off %, Standard of Indiana was at 66%, ofT %, and Mutual at 12. The motors were heavy, Reo 18%, off %. and Stutz, 12%, off %. Radio at 4% was off %, while Dublier was up %. Gold Dust, after opening weaker at 34%, recovered to 35. LOCAL COMPANY SHOWS EXCELLENT EARNINGS Kub-Tex Products Earns $03,826.36 in Year Just Ended. Earnings of $93,828.36 for the year 1923, more than double those of 1922, were shown in a report made public today by directors of the Rub-Tex Products Company, whose plant is located at N. West and Fourteenth Sts., following a meeting of stockhold ers Jast night. The report shows that after divi dends on preferred stock have been deducted, a sm-plus of .184 per cent was earned on the common stock The board passed a resolution to pay ali accumulated dividends on pre ferred stock on Feb. 11. All directors were re-elected by the stockholders.

12:46 Prev Sigh. Low i m close Max Motors A 52 50% 62 51 Max Mjtore B 14% 14 14% 14% Studebak-r .104% 103% 103% 103% •4tew-Warner 88% 97% 9s Vi 0, % Timken. ... 39% 38% 39% 39 •*i ys-Ovcr. . 12% 12% 12% 12% Oils— Cal Petrol... 25% 26% 25% 25% Josden 35% 35% 35% 35% Houston Oil .68 67% 68 67% Marland Oil. 37% 30% 37% 37% an-Am Pete 56 64 % 55 65 ?an-A Pete B 54% 53 63% 64% ro and Ref 36 % 85 % 36 % 86 ' ure Oil ... 24 23 % 23 % 24 •t Oil of Cal 63% 63% 63% 33% 3t Oil Os N J 40% 40% 40% 40% •nc air 26% 25% 25% 26% Texas Cos .. 43% 43% 43% 41% Industrials— Allied Chem. 71% 75% 70% 70% Am. Can 107% 105 % 106% 106 Am Woolen.. 76% 75% 76 75% den. Leather. 15% 14% 15% 15 •'ont. Can. . , . 58% 57% 68% 57% Davison Chem 65 63 % 64 % 64 Fam. Players 71% 70% 71% 70% 2en. Asphalt -14 % 41% 43% 44% Inter. Paper.. 37% 37% 37% .... Mont. & W.. 25% ... 23% 25% Sears-Roe 91% 90% 91% 90% U. S. C I. P.. 70% 66% 69% U. 8. In. Al. 69 68 68% 67% Utilities— Am T 4 T.. 129 129 129% Con. Gt* 63% 62% 02% 62% Columbia G. 34% .... 34% 35 Shipping— Am. Int Cor. 24 23 24 23% In. M. M. pfd 31 30% 30% 30% Foods— Am B. Sugar 41 40% 41 41% Corn Prod 150% 150% 150% 156 C. C. Sg. pfd 62% 61% 02% 61% C-Am. Sugar 33% 83% 33% 34 Tobaccos— Cons. Cigar.. 20% 20 20% 20 Tob P. <B). 66% 65% 66 68

Your Dollar Uncle Sam Tells Who Gets it.

phonographs Cents CenTs V jf Labor* TVo-f.-rec \\ Overtieacljl | SS 5. f'lclcjc/iricj I \\ Centi \ if sn Hat-ft- \ If fiala • I9*£s By Ralph F Couch, Wash., DC A r GREAT many people who have not yet attained the digntty of gray hair can remember when a tin horn on a Ittle box that sang songs and made speeches was still a curiosity. Now a phonograph Is hardly considered a luxury The materials In the average phonograph cost the manufacturer 38 cents out of every dollar he receives Twenty-one cents is the share of labor and 41 cents goes to profit and overhead, which includes taxes. A 5 per cent wage Increase to all workers In a phonograph factory would add 1.01 cents to each dollar the manufacturer receives. A 5 per cent Increase in material costs would add 1.9 cents. NEXT: Neckties.

COMMITTEE HEADS NAMED Tiryson and Colby Are C. of X>. Chairmen. „ Henry L.. Dithmer, president of the Indianapol.s Chamber of Commerce, announced today that Robert H. Ilryson, postmaster of Indianapolis, has been appointed chairman of the mem bershlp comm.ttee of the Chamber for 1924. Ralph 11. Colby has been appointed chairman of the committee on Jun.or Chamber of Commerce affairs. A drive for 1,000 new members for the Chamber w.ll be inst tuted by Bryson. Since the first of the year ninety-seven new members have been secured. STONE PLANT BURNS Fire of t’rtknown Origin Can see Probable Lists of? 30,000 at Grccnt astle. By Timet Special GREENCASTLE, Ind., Jan 15. Fire of unknown origin early today destroyed the plant of the Midwest Crushed Stone Quarries Company, on the edge of the city. Loss is probably $50,000. All buddings except a small office and a, blacksmith shop burned. The plant was one of the largest stone crushing concerns in the Middle West. Main offices are in Indianapolis. Marriage Licenses H. C. Adams. 38. 2201 Par way; Louise B. Miecue. 23. 365 N. Holmes. James Goodman, 39. 1713 Alvord: Gertrude Miller, 28. 1715 Alvord. F. O. Reene. 28. 3315 Broadway: Eul* Clay. 20. Rodman Apts. Morton Warren. 63. 36 W. Vermont; Ella Walden, 55. 36 W. Vermont. R. E. Roasch. 20. 2717 Napoleon; Grace True. 20. 521 Holly. Robert Hardy. 29. 922 Athon Lou Balter. 22. 425 Bond. F. M. Hiner, 25, 1235 S. State; Daisy W-asner. 24. 1235 S. State. M. L. Davis. 29, 324 E. North: Opal Davis, 34, 32 E. Vermont L. F. Day. 23. Nashville, Ind.; Bessie Sechrest. 32. 637 Virginia C. H. Conklin, 20. Hotel Lincoln: Catherine McCulloch, 29. Hotel Lincoln. Tnerone Wehr, 21. 2250 N. Illinois; Amina Taylor. 20. 3021 Central. Eddie Whitelow, 26, 3238 Broadway; Kathryn Ludlow. 18, 548 N. Senate. Char’es E. McCoy. ;8. 2624 Central; Lucille Commons. 23. 812 E. Twenty-First. C. R. Beckett 22. 1329 Churchman; Dorothy Richardson. 16 1339 Churchman. Ray Jordan. 28. 2002 English; Lovada Branun. 19. 20 N. Lamkin. Clarence Alexander. 19 461 N. Goodlet Mabel Stewart. 20. 417 N. Goodlet. Cecil Jaynes, 24. 811 S. Trt mont: Cora McDonald 20. 2404 W, Wilkins W. S. Jervis 42, 618 Iowa; Margaret Zseheek, 41 618 lowa. N. C. Haas. 39. 135 W. Vermont; Mildred Medenwald, 20. 315 W. Vermont. Building Permits John H. Dudley, double, 2302 Manlove. $2,500. J. W Schwab, remodel, 259 E. Washington, $250. Charles E. Conner, addition. 2322 Cornell, S4OO C. E. Phinney. furnace, 118 N. Arsenal, 5210. J. D. Van De Venter, repairs, 1213 E. Twenty-Third. 51.000 John Kot double. 860 Fletcher. $6,000. John Kot, lurnaee. 860 Fletcher, S2OO. Anna J. Frown, garage, 1333 Comar. S2OO. Glenn Ralston, reroof 546 Birch. S2OO. Thomas C Wliallon, dwelling, 2614 E Fifteenth. SI,BOO. o E. Cline, garage. 2158 N. De Quincy, $1,200 Baldwin block, repair elevator, Delaware and Clo\fcrseed Market Local dealer# are paying $lOOl2 a bushel for cloversoed.

THE INDIANAPOLIS TIMES

PRICES FOR NOGS GENERALLY STEADY Market Lacks Fire, Due to j <r Heavy Rail Shipments. Hog Prices Day by Day Jan. 250-300 lb* 2001235 lb*. 150-180 lba 9. 7.45® 750 7 40% 7.45 7.35® 7.40 10. '7.40® 7.45 7.35® 7.40 7.35 i 11. 7 60® 7.05 760 700 12. 7 00 7.60 7.60 : 14. 7.40® 7.45 7.40 -7 40 15. 7.40® 7.45 7.40 7.40 Hog prices displayed a stubborn undertone and ruled steady In trading |at the local livestock market today ! another large run of 16,000 or i more head, due to heavy rail ship- | ments and fairly large truck receipts. ! Although word of large receipts locally and elsewhere did not depress values at the start the market lacked fire and trading stopped at frequent intervals in which local packing Interests offered | lower bids for their supplies. Trading opened with prices unchanged at $7.40 for all weights and classes and with an extreme top of $7.50 for choice kinds and $7.45 for odd droves. By the end of the first hour, however, Kingan & Co.'s buyers, as well as others, were offering $7.35, but traders stubbornly refused the offers. Some sales were made at this figure, how ever. Both sows and pigs held steady, pigs selling down from $7 and sows down from $6.25. Favorable weather for shipping has caused farmers to ! send their hogs to market in much larger numbers than last week. A generally better feeling existed in the cattle market and prices were regarded as generally steady with most I of the large buyers showing more ini terest In the offerings. Receipts were not unusually large at 1,000 head, addj lng somewhat to the competition. A loss of generally a half dollar was scored In the calf department due to, fairly heavy receipts of 800. An ex treme top of sl4 was established but the practical top was $13.50 with the bulk selling from sl3 to $13.50. Prices for native lambs were regard ed fully a half dollar lower at sl2 down, while western-fed stock was l proportionately lower at sl3 down and sheep steady at $7 down. Receipts, : 400. —Ho* Choice llsrhts $ 7*6 Light mixed , . 7.40 Medium mixed 7 40 Heavyweight* 7 40® 7.45 1 Top 7.50 Bulk of sale* 740 Figs 6 50® 7.00 Packing iowi 5 75® 6.25; —Cattle— Few choice Bteeia , slo.oo® 11.00 : Prime corn-fed steers 1.000 to 1.800 lb* 900 ® 9.50 : Good to choice steer*. 1.000 to 1.100 lbs 8.50® 9.00 1 Good to choice steers, 1.000 to 1.200 lbs 7 50® 8.00 Good to choice steer* 1.00 Oto 1.700 lbs 6.50® 7 60; Common to medium steCT*. 800 to 1 000 lb* &00® 7.00 —tow* and Heifer*— Good to light heifer* .... $ 9 00® 10 00 Good heavyweight* 7 25® 9.00 Medium heifri-s 600 ® 725 Common cows 3.00® 600 I Pair cows 6,00® 7.50 , Cuttwj 2 75® 3.23 Canners 2.25® 3.75 —Ball*— Fancy butcher bulls $ 5.00® 6.00 Good to cboton butcher bulls 6.00® 5.50 Bologna bull* 4.25® 4.75 ■Cslrts Choice veal* sl3 00® 14 00 Good veals 12 00® 13 00 Lightweight reals ......... 10 00® 12,00 ! Common veals 8 tat® 10.00 Common heavle* 6 00® 7.U0 Top . 14 00 —edirrp nod Lambs— Extra choice lamoa .$lO 00® 12 OO Heavy lamb* 8 00® 10 00 Cull lamb* 6 00® 7.00 Good to choice ewe* 4.00® 7.0) Cull* 2.00® 3.00

Other Livestock CINCINNATI, Jam Ift Cstt!<v— Receipts, 400; market steady; shippers, [email protected] i Ca.ves—.larkrt fide lower extras, |11.60 | @13.50. Hogs—Receipts. 1,600; market ■ steady to 10c lower: rood to choice packj irs, 65. Sheep—Receipts. 50. market , steady; extras $4 500 0 Lambi Market I steady, la>r to good. $13.50014. KANSAS CITY. Jan 15.—Cattle—Reteipta, 12.000' calves. 3,000: market. i!w: few early sales beef steers >8 35 a*> around steady: several loads held higher: she-stock mostly st'adv: early sales beef j cows. $4 0 5.25; canners and cutters $2 15 @3.25; bulls weak to 10c lower, cal vs. slow, around sternly; best veals around ylt; Stockers and feeders slow, quality piain: most early sales $5 "0 v M|7s >’ots—R (•! ipts. 20 000 lightweights va shipper* weak to 10c lower; 170 to uvtra*. $6 8007; lew 130 to 150 pound averages. M 1.3506 35: part load butchers to traders, $7 10; packing sows mostly $8 50 ® 0.60 Sheep—Receipts. 7.000: opening sales of lambs steady. 10c lower; ear.y top *.13,20. others sl.'; sheep steady : i<d ew es $7.50 EAST BUFFALO. Jan. 15.—Cattle—Re'xiut- 557 market s’ow. 16c to 26c lower; shipping stoer*. $9.50011; butcher grades. $8,.j010, cxi we. S2®O.2S Calves—Re"Clp f s 350 market, active. 26c lower: culls ,to choice, $3 50014.25. Sheep and lambs—j Receipts. 1.600; market active: lambs 10c : higher: sheep steady: choi s■ sll® 13.96; culls to choice, $8.50012.50; Tearing*. $812.50; sheep, $8.30 0 9.60. Hogs I R" 1 t-, 9.600 market urine steady to ! 10c higher; yorkers, 0707.85 pigs. $3.75 I iiuxtd. $7.85: lira-Mcx. $7.85; roughs, I $008.26; stags, $3.5004.50. PITTSBURGH. Jan. i ■ —Cattle—Recen's. i 'ight: market, steady; choice, $9.75010.25: ■good. $8.500 9.23; (air $n a . . val calves. sl4 015.50 Sheep and lambs—ReI ' n's lie-ht; market, steaily: prime wethers. $8.50 0 8.75: good. $7.7 .| 8 ': lair on ,ei •$6 @7: iambs $1013.75. Hogs—Receipts. 700 douh'e decks market steady: prune heavy. $7.800790: mediums, $7 80® J 7.r0; heavy yo. Ker. .$7.800 7.90; light york- : ers. $7.25 07.75: pigs, $707.26; roughs, I $5.75® 6.50: stags. $; ® ~50. EAST ST. LOUIS. Jan. 15.—Cattle—Receipts, 4.500 market, lower on steers; naj tive beef steers, 10 up yearlings and taelfI erg. jo up; cows, $5 up: canners and eut- ; tors. $2.2503.25; calves sll 50: tockers ; and feeders. $3.50@6. Hogs—Receipts, 27.000; market mostly 6c lower: heavy, $7.10 07.35; medium @7 30 light lights. $6.1007.15: packing sows. $606.35: nigs $5.5000 65: bulk. $7 @7.30. Shej>—Receipts, 2.500; market, weak: ewes SSO 7.75: canners and cutters $1.5005: wool lambs. $11.75013.75. CLEVELAND. Jan. 15.—Hogs—Receipts, 5 000: market, slow; Yorkers. $7 60; mixed. $7 00 medium $7.60: pigs. $6 75. roughs. $6: stags, $4.50. Cattle—Receipts. 300mraket slow, unchanged. Sheep and lambs —Receipts. 300: market. 60c to $1 lower; top, sl3. Calves—Receipts, 600; market, slow; top. $13.50. FORENOON BOND TRADING ACTIVE, BUT IRREGULAR Industrials Are Changed but IJttlp While Sugars Are Higher. I Hu United Financial NEW YORK. Jan. 15.—The fore I noon bond market was active today, but on the whole irregular. French Bs, 93, off %; 7%5, 90, unchanged. Marseilles Cs, 73, off 1. Heavy trading in the rails featured St. Paul issues were fractionally higher; 4s 25, made anew high above 78. reacting to 78, up %; convertible 4%s 58, up %. Reading new 4%5, 89%, up %; general 4s 89%, off %. Erie Seaboard and Frisco issues were steady. The tractions were steady. There was little change in the industrials. Sugars were lightly higher v-ith East Cuba 7%s at 107%, up %, Punta convertible 7s 109%, up %. Dressed Beef Prices Wholesale selling prices on dressed beef. Swift & Cos.: Ribs—No. 2. 30c; No. 1 17a Loins—No. 2. 25c: No 3. JBe. Rounds— No 2. 20c: No. 3.15 c. Chucks—No. 2 18c: No. 2. 10a Plain—No. 2, So; No. 8, 7a

Take Another Look Folks

'// ' '" *-.

SHE’S A BEAUTY, ISN’T SHE. BOYS? WOULD YOU MIND IF SHE TOOK ADVANTAGE OF THE PREROGATIVE OF LEAP YEAR AND DID A LITTLE PROPOSING? THE ONLY DRAWBACK IS THAT SHE ISN’T A "SHE,” AFTER ALL. “HER” NAME IS ALBERT E. REDMAN. ONE OF THE STARS OF THE OHIO STATE UNIVERSITY MUSICAL COMEDY, “THE CAT AND THE RIDDLE.” PRODUCED ENTIRELY BY MEN STUDENTS.

MISSOURI BANK FAILS By l nited Frege SPRINGFIELD, Mo.. Jan. 15.—The Holland Banking Company, largest

Today’s News Today! Presented in a Crisp, Concise, Fresh Manner by a Staff of International, National and Local Writers Who Submit the FACTS to You Through The Indianapolis Times A Complete Newspaper Features —

The Woman *s Page FASHION HINTS and PATTERNS —Denoting Dame Fashion’s Latest Styles SISTER MARY'S KITCHEN Helpful Hints for the Housewife DAILY HEALTH TALKS —On “Your Health,” by Dr. C. C. Robinson MARTHA LEE’S COLUMN—Discussion and Advice to the Lovelorn LOCAL SOCIAL HAPPENINGS — Weddings, Engagements and Betrothals ACTIVITIES OF WOMEN —In Industry, Politics and Business

Hie Kiddies Revel Over Times * Comics Here’s a page for everybody—young and old alike enjoy this page. Who wouldn’t get a laugh out of “Our Boarding House,” “Out Our Way,” “Doings of the Duffs,” “The Old Home Town” or “Freckles and His Friends?” All these cartoons appear daily on The Times Comic Page. The Indianapolis Times Phone Main 3500, order it from carrier who delivers in your neighborhood or send us postcard ordering by mail if you live on a rur§d route or in a town where we have no carrier.

State bank in Missouri outside of S*. Louis and Kansas City, failed to open its doors today, following two runs last week. It had resources of $7,000,000.

CUBS SELL MAJORITY STOCK OF ANGEL CLUB Veeck Says Job Too Groat to Handle From Chicago. Bv United Neteg LOS ANGELES, Jan. 15.—William L. Veeck, president of the Chicago National League Club, sold 6,000 shares of stock In the Los Angeles club of the Pacific Coast League to Joseph H. Patrick Monday. Patrick now holds controlling Interest In the club. “The next time the Cubs become interested in a minor league team we will own It outright, but we will never again attempt to line up with a city as big as Los Angeles," Veeck declared. “Trying to solve the problems of a Pacific Coast League team requires the attention of men who are In close touch with the local situation. It can’t be done flrom a swivel chair In Chicago.” Patrick has been president of the club since Its purchase by William W rig ley, Jr. MANY TO ATTEND MEET V. of L’. Men Will Go to Chicago for Conference. Indianapolis will be well represented at a regional meeting of the National Chamber of Commerce In Chicago Jan. 21-22. Those who have signified intention of attending are Felix M. McWhirter, member of the board of directors of the National Chamber; Henry L Dithmer. president of the Indianapolis Chamber; John B. Reynolds, general secretary; William H. Howard, secretary of Indianapolis Board of Trade; Hugh J Baker, J. R Cavanaugh. O B lies. C. A. McCotter and J, Edward Morris. McWhirter is general chairman on attendance. Crop Growers Study Changes Representatives of twenty-five coun ties having members In the Indiana Canning Crop Growers’ Cooperative Marketing Association met at the Severin to> la*. to study the membership agreement of the organization as change dby the directors of the In dlana Farm' Bureau Federation recently. One of the changes provide.* that Oct. 1, instead of March 1, shall be the limit of time to be given to a drive for one-half of the canning crop growers In the State as members.

Markets A comprehensive and accurate market page which carries not only the local financial and market news, but the full leased wire report of the United Financial Wire Service. Sports Eddie Ash, Sporting Editor of The Times, with his staff of trained sport writers, experts in their line, serve you with all the sport dope. Baseball, tennis, golf, football, racing, bowling, boxing, in fact every phase of every sport is thoroughly and completely covered on the Sport Page.

TESTIMONY NEARS END IN FRANKLIN MORDMARING Chester Chadwell o r Indianapolis Argues Ssif-De-fense in Stabbing, By RUSSELL CAMPBELL Times Staff Correspondent FRANKLIN, Ind., Jan. 15.—The jury hearing the case of Chester Chadwell 20, charged with murder In the first degree of VVilliom O. Sparks 24, at 3032 Jackson St.. Indianapolis following an argument over the Fiery Cross, Ku-Kiux Klan paper, Nov. 15, 1922, was expected to get the evidence late today. Chadwell’s trial was venued from Marion County to Johnson County when he gave himself up to Indianapolis detectives last August after traveling around the country eluding police for nine months. Testimony purporting to show Sparks had threatened to kill Chadwell on several occasions previous to the fight in which it is charged ths defendant fatally stabbed Sparks, was offered Monday In an effort to build up an argument for self-defense. The State's attorneys complete 1 their examination late In the afternoon The testimony of Mr. and Mrs. Fred Wagner, at whose home Chat.well and Sparks were rooming, and % written statement which Detective Hugh Dugan testified was made voluntarily by Chadwell upon his surrender, were the most important pieces of State's evidence The statement reiterated stories told by Mr and Mrs. Wagner. Alex Ford, 347 East St., Indianapolis a friend of both Sparks and Chadwell. testified Sparks had threa> oned to kill Chadwell and on one occasion had attempted to kick Chad*el out of bed. He had warned Chad wed f Sparks’ avowed Intention of killing him. he said. Character witnesses, several of them relatives of Chadwell, testified to the defendant's reputation for "peace and quietude.”

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